The Integrated Marine Automation System Market is expected to be around US$ 4.1 Billion by 2027 at a CAGR of 10% in the given forecast period.

The growth in the adoption rate of internet of things (IoT) for real-time decision making will represent as a major element accelerating market growth. The integrated marine automation system market is also being propelled by factors such as swift urbanization as well as industrialization and rise in technological development. Besides this, the growth in the software development and surging demand for situational awareness in ships will foster the integrated marine automation system market growth. Moreover, the escalating demand for product from several end-use industries and high budgets of shipping companies for the integration of ICT in vessels is a key factor impacting the growth of integrated marine automation system market. Another vital factor which will propel the integrated marine automation system market’s growth rate is the growing usage of automated systems to minimize human errors and risks.

The global Integrated Marine Automation System market is segregated on the basis of Solution as Vessel Management System, Power Management System, Safety System and Process Control. Based on Ship Type the global Integrated Marine Automation System market is segmented in Defense and Commercial Ships. Based on Component the global Integrated Marine Automation System market is segmented in Services and Product.

The global Integrated Marine Automation System market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Integrated Marine Automation System market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Rivalry

ABB Group, Api Marine Inc., Consilium AB, Honeywell International, Inc., Kongsberg Gruppen ASA, Marine Technologies, LLC., Mtu Friedrichshafen GmbH, Northrop Grumman Corporation, Praxis Automation Technology B.V., Siemens AG, and others are among the major players in the global Integrated Marine Automation System market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

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The Integrated Marine Automation System Market has been segmented as below:

Integrated Marine Automation System Market, By Solution

• Vessel Management System
• Power Management System
• Safety System
• Process Control

Integrated Marine Automation System Market, By Ship Type

• Defense
• Commercial Ships

Integrated Marine Automation System Market, By Component

• Services
• Product

Integrated Marine Automation System Market, By Region

• North America
• Europe
• Asia-Pacific
• Rest of the World

Integrated Marine Automation System Market, By Company

• ABB Group
• Api Marine Inc.
• Consilium AB
• Honeywell International, Inc.
• Kongsberg Gruppen ASA
• Marine Technologies, LLC.
• Mtu Friedrichshafen GmbH
• Northrop Grumman Corporation
• Praxis Automation Technology B.V.
• Siemens AG
• Thales Group
• Tokyo Keiki, Inc.
• Wartsila Corporation

The report covers:

• Global Integrated Marine Automation System market sizes from 2021 to 2027, along with CAGR for 2022-2027
• Market size comparison for 2021 vs 2027, with actual data for 2021, estimates for 2020 and forecast from 2022 to 2027
• Global Integrated Marine Automation System market trends, covering comprehensive range of consumer trends & manufacturer trends
• Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Integrated Marine Automation System market
• Major market opportunities and challenges in forecast timeframe to be focused
• Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
• Comprehensive company profiles of the key industry players

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Report Scope:

The global Integrated Marine Automation System market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Integrated Marine Automation System market share. Major industry players with significant revenue share include ABB Group, Api Marine Inc., Consilium AB, Honeywell International, Inc., Kongsberg Gruppen ASA, Marine Technologies, LLC., Mtu Friedrichshafen GmbH, Northrop Grumman Corporation, Praxis Automation Technology B.V., Siemens AG, and others.

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